The United States is the most popular location for second homes among the ultra wealthy, followed by the United Kingdom and Switzerland

Gain insight into investment strategies of the UHNW population. Luxury home buying has become a truly global enterprise. An increasing number of ultra high net worth (UHNW) individuals are buying non-traditional homes outside their domiciles according to a new study by Wealth-X and the Sotheby’s International Realty. The Wealth-X and Sotheby’s International Realty reports look … Read more

Winning the uber jackpot. 5 things to buy from an investment perspective

Life has many ways of testing a person’s will, either by having nothing happen at all or by having everything happen all at once – Paulo Coelho – What would you buy if you won the lottery? What to do after winning a hyper jackpot? This fantasy exercise is always really amusing, conjuring images of … Read more

The purchasing behavior of high net-worth consumers. Report

Affluent consumers are more likely to purchase a lifestyle property now than they were five years ago. “If the top wishes of wealthy Americans could be expressed in a single dream home, it would be a “lifestyle property” on the waterfront with a multicar collector’s garage, which they designed themselves,” says the just-released Sotheby’s International … Read more

House prices up in four Spanish regions with the Balearics posting the highest leap

  According to official figures for Q3, house prices in four Spanish regions are now on the rise. The Balearics lead the way with 4.4% growth year on year and Balearics Sotheby’s International Realty expects the trend to continue for 2014. “The factors that kept these Mediterranean islands buoyant in recession, are the same as … Read more

What defines a luxury home in Canada and who’s driving the market

The average entry price for a luxury single-family home starts at $2 million in Toronto and Calgary, $2.8 million in Vancouver and $3.5 million in Montreal, according to the Top Tier Trends Report: A Comparative Survey of Canada’s Luxury Real Estate Market realesed by Sotheby’s International Realty Canada. The report goes on to uncover the … Read more